Indian wrestler Vinesh Phogat, a prominent figure in women’s wrestling, has seen a substantial increase in her net worth following her participation in the 2024 Paris Olympics. Before the event, her net worth stood at an estimated ₹5 crore. Her journey to Paris, coupled with her endorsements and rising brand value, has drastically changed her financial status.
Pre-Olympics Net Worth
Vinesh Phogat, hailing from the renowned Phogat family of wrestlers, was already a recognized name in India. With multiple international victories under her belt, her net worth before the Paris Olympics was approximately ₹5 crore. Her popularity as a sports icon helped her secure several endorsements, but her fee per deal was around ₹25 lakh at the time
Post-Olympics Financial Rise
Following her participation in the 2024 Paris Olympics, Vinesh Phogat’s brand value skyrocketed. Not only did her endorsements increase, but so did her fees. Now, Phogat is charging between ₹75 lakh and ₹1 crore per endorsement deal, marking a threefold jump in her brand value. This substantial increase has had a profound impact on her overall net worth
Media Rumors and Clarification
There were also reports speculating that Vinesh received ₹16 crore in cash prizes after her return from the Olympics. However, these claims were dismissed by her husband, Somvir Rathee, who clarified that no such amount had been received
In conclusion, while precise figures of her current net worth post-Paris Olympics remain speculative, it is clear that Vinesh Phogat’s financial stature has risen significantly, thanks to her achievements and growing brand presence.